Explain a marketing mix and pricing strategies
The time period marketing mix refers to a distinctive mix of product, distribution, promotion, and pricing strategies designed to provide mutually satisfying exchanges with a goal market. You could have heard this described because the four P’s of marketing (product, place, promotion, worth).
Select an concept, good, or service with which you might be acquainted and describe its marketing mix and the way it resulted (or didn’t consequence) in a satisfying change for you. Clearly clarify every factor. 1. Describe the product. 2. How is it distributed or positioned? three. How is it promoted? four. How is it priced relative to competitors?